One of the most exciting and increasingly sought-after neighbourhoods in Toronto, Riverdale borders the eastern edge of the downtown core with endearing aplomb.
Often distinguished by a North/South divide due to its size, new home buyers of any persuasion can expect to find exactly what they’re looking for here: North Riverdale, located north of Gerrard Street East, is more residential, intersected by one-way streets and featuring mainly semi-detached, detached and row houses. The more urban and active South Riverdale is home to smaller semi-detached houses and new low-rise lofts. A place of neighbourhoods (bringing to mind Toronto’s unofficial byline as the city of neighbourhoods), Riverdale is a charismatic representation of the city in the breadth of its multicultural diversity, community dynamism and happy compromise of urban to natural.
The neighbourhoods of Riverdale, each possessing its own unique sub-culture and ambience, include Riverside (aka Queen-Broadview Village), Blake-Jones/The Pocket, East Chinatown, Leslieville, Port Lands and the Studio District at Queen and Carlaw. Altogether, Riverdale encompasses an impressive swath: from south of the Danforth to the Lakeshore, and from the Don River to the west, to Pape Avenue to the east (extending even further to Greenwood Ave on the north end to include the delightfully named Pocket). The high density urban setting accounts for an appropriately high score for walkability, and its ease of access to the DVP as well as public transit make it a breeze for those looking for a faster way around.
Artistic and Historic Capital
Riverdale features an eclectic mix of Victorian and Edwardian-style homes, quirky independent shops and renowned restaurants, and also can lay claim to being the home to much of Toronto’s busy film production, with many artists and those working in film living near the studio complexes that line the waterfront. The many tree-lined streets are characterised by a sense of heritage and history, and seem to recall a place far from Canada’s economic and culture capitol.
What You'll Find Here
Riverdale occupies an envious spot in the booming Toronto Real Estate market, with a statuesque profile as one of the most coveted, yet still-affordable residential neighbourhoods in East Toronto, and the wider city. Its proximity to both downtown and the beach in equal measure, make it a wonderful balance between the best of the city and the revitalizing effects of vast outdoor space in abundance. The parks rival others Toronto has to offer: Riverdale Park, one of the largest in the city and adjacent to the Don River, has a running track and outdoor pool; Withrow Park hosts a popular farmer’s market; and Jimmie Simpson Park, with its plethora of amenities in the southeast, is another great place to fill up on activity in the city. Riverdale also boasts a thriving arts community that supports small-scale galleries and artists who make the Studio District their home and base of their livelihoods. Shoppers have plenty to keep them busy, from Little India, to East Chinatown, to the many antique, collectible and home furnishing stores in Riverside. The impressive choice of traditional, ethnic and fusion dining on Queen Street East helps to keep hunger at bay with style. On top of all this, Riverdale is home to an invested community of active residents, who often band together to affect positive change in quality of life for the neighbourhood and beyond.
Top-ranked schools, fantastic living and investment opportunities, and steadily increasing property values make Riverdale a destination that house and condo buyers would do well to consider in their journey to find the perfect home. From families, to busy young professionals as well as empty nesters looking to take up or rekindle old passions, Riverdale is a paragon of lifestyle options for all ages and backgrounds. Truly, the diversity of choice and expression on offer make Riverdale one of the best areas to live in East Toronto.
Rooster Coffee House
THE neighbourhood coffee shop, which is saying a lot considering Riverdale’s size. A gourmet selection of baked treats plus some of best beans around, make sipping your latte extra special as you gaze over the panoramic view of the city.
Ed’s Real Scoop
The reputation of this now legendary Toronto fixture precedes itself. With a dizzying array of over 100 homemade ice cream varieties (and that’s not including the gelato, frozen yogurt, and sorbet on offer), Ed’s is one of Riverdale’s best spots to get your sweet fix. It’s a great place to get lost in choice…you can’t go wrong with ice cream this good!
Little India (Gerrard Street East, between Coxwell Ave and Greenwood Ave)
This enclave of South Asian ethnic exports astounds the senses. Colour and vivacity define the savoury food, clothing, art, housewares, and did we mention food? Many restaurants offer traditional meat and vegetarian dishes from across the subcontinent. Little India rewards the curious and spice-loving in spades.
Real Estate Review: 2014 Average First Quarter Prices*
All Homes: $891,927
All Homes: $598,562
Condo Townhouse: $522,000
Condo Apartment: $472,000
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